Finance Forex

Asian markets rise on welcome news from Fed and Chinese factories

Asian Markets Rise On Welcome News From Fed And Chinese Factories essay is one about the Finance, Forex lists, posted during our writer Erick Emerson just after January 31, 2019, that paper can search just after that tags list Asian, Chinese, factories, Fed, markets, news, Rise. I am blissful to blissful you moreover providing that other paper like finance and I'm always publishing this article everyday.

Shares rose in Asia on Thursday after a survey of Chinese manufacturers showed factory activity improved slightly in December.

Japan’s Nikkei 225 index

NIK, +1.30%

  surged 1.2% and the Hang Seng

HSI, +1.21%

  in Hong Kong also gained 1.2%. South Korea’s Kospi

SEU, +0.25%

  added 0.2%, while Australia’s S&P ASX 200

XJO, +0.04%

  edged 0.1% higher. The Shanghai Composite index

SHCOMP, +0.63%

  climbed 0.6% while the smaller-cap Shenzhen Composite

399106, +0.07%

  rose fractionally. Shares were higher in Taiwan

Y9999, +0.01%

  and Southeast Asia.

Samsung Electronics Co.

005930, +0.65%

  said it posted a near-30% drop in operating profit for the last quarter after seeing slowing global demand for its memory chips and smartphones. It still finished the year with record earnings, but Samsung said it expects its overall annual earnings to decline this year because of the sluggish semiconductor market, although it sees its sales of memory chips and organic light-emitting diode panels used in mobile devices rebounding in the second half.

Meanwhile, in Japan, shares of electronics maker TDK

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